Watkins, Pawlick, Calati & Prifti provides a full range of legal services to our benefit fund clients and fiduciaries, including:
Some of our fund clients, particularly self-administered clients, are also employers (by virtue of their engagement of fund employees) and/or owners of property on which fund buildings are located. We advise them with respect to those matters as well.
Rather than expend client resources extricating our clients from legal trouble, our focus has always been to help our clients avoid legal trouble. A large part of ERISA is about process — commonly called due diligence. Making sure that the right process and procedures are in place and followed when contracts are prepared, when investments are made, when plan documents are drafted, when service providers are engaged, when participant claims and appeals are handled, and when decisions are made, is better than the best insurance that money can buy — and far less expensive.
We have a large and diverse practice with respect to Taft-Hartley funds. If there is a service provider, proposal or concept that might affect your funds, we have likely already reviewed it in another context for another client or can split our review with other clients facing similar situations.
Taft-Hartley benefit plans represent one the most-highly regulated aspects of the economy. We constantly review new laws, regulations, cases and commentary in addition to attending and actively participating in educational seminars.
First, we assign an attorney to follow developments in any law or regulation that significantly revises ERISA or the ERISA-related provisions of the Internal Revenue Code. That attorney instructs the others on the most salient points for our clients and serves as our resident expert on such issues going forward. We are often first among our peers to provide clients with insight into the practical aspects of how a new law may impact their fund. By better understanding the law, our clients can focus on the real options available and how to best serve the interests of their fund’s participants and beneficiaries within an evolving legal framework.
Second, to help stay on top of legal developments, we maintain multiple electronic information services and paper/library resources. These resources include daily e-mail notices of developments in case law, regulations and pending legislation.
Read more below about specific types of funds and areas of focus in our employee benefits fund practice. For additional information, we welcome you to contact WPCP.